321 S Third ST, Shelton, WA 98584
321 S Third ST, Shelton, WA 98584
321 S Third ST, Shelton, WA 98584
321 S Third ST, Shelton, WA 98584
321 S Third ST, Shelton, WA 98584
321 S Third ST, Shelton, WA 98584
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Shannon Lambert

Shannon Lambert

+1(503) 347-0159
Listed by:COMPASS • Zachary Lazo
$ 550,000
Est. payment | /mo

8 Beds

4 Baths

6,320 SqFt

Save
$ 550,000
Est. payment | /mo
Save

8 Beds

4 Baths

6,320 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,320 sqft

Price per Sqft $87

Subdivision Downtown

MLS Listing ID 2596172

Style 54 - 4-Plex

Bedrooms 8

Year Built 1945

Annual Tax Amount $4,895

Lot Size 8,276 Sqft

Property Sub-Type Multi Family

Property Description

Strong rental income today, exciting potential for tomorrow! This centrally located Shelton fourplex is a great investment opportunity or an ideal house hack—live in one unit and let rent from the others help cover your mortgage payment. Each well-kept unit features 2 bedrooms and 1 bath, with one currently vacant, creating an opportunity for owner-occupied financing. Great long-term tenants occupy the other three units, and vacancies have historically been easy to fill. Renovated just a few years ago with a new roof, windows, and siding, the building also generates washer and dryer income. Nearly 3,000 square feet of unused storage space offers exceptional potential for added revenue, and a property management company is available for ongoing management. Established income, major updates, and room to build value!

Location

State WA

County Mason

Area 175 - Shelton

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood

View Y/N No

Roof Type Composition

Building

Lot Description Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Shelton

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Shannon Lambert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 347-0159

homeinsightshannon@gmail.com

1112 Daniels St, Suite 102-D, Vancouver 98660, USA

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321 S Third ST